New York Times (NYT) Reports Q2 Earnings: What Key Metrics Have to Say

For the quarter ended June 2024, New York Times Co. (NYT) reported revenue of $625.1 million, up 5.8% over the same period last year. EPS came in at$ 0.45, compared to $0.38 in the year-ago quarter.The reported revenue represents a surprise of +0.35% over the Zacks Consensus Estimate of$ 622.92 million. With the consensus EPS estimate being $0.40, the EPS surprise was +12.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...